Growing demand for smaller residential assisted living environments that provide a homelike setting with a higher caregiver-to-resident ratio.

Growing demand for smaller residential assisted living environments that provide a homelike setting with a higher caregiver-to-resident ratio.

What metrics do you look for when determining whether a long term rental purchase is a good deal?

I'd typically just look at comps in the area and list accordingly, but I'm curious to see if others are using specific tools and/or metrics to determine rental pricing.

When you are underwriting a small multifamily deal, for example, 4 to 10 units or more, in a tertiary market with C & B-class properties, what is the best way to determine a safe cap rate for your subject property?

Hi Friends,I am looking to flip in the Tampa area and I'm in touch with a few Wholesalers and Realtors there.I have received multiple properties from them; however, I am always concerned that their ARVs are inflated, which will leave me in the red.How do you determine correct ARVs when you are not physically present and can't pull your own comps from the MLS?

First, you need to determine what is the demand in that area.

Doing some research and looking at purchasing a multi-family unit. The piece we can’t quite put together is how much we can get approved for. Our lender said we’d get the maximum amount for the FHA loan in our area, h...

You need to obtain copies of each current Rental Agreement to determine the current Term and "ending" date.

It Used to be "simpler" to use Subject To to buy propertiesWith the property increases since 2022, it's not so simple anymorePeople won't just walk away from huge amounts of equity - so what we do is determine how much cash we are willing to pay up front and how much liability we are willing to assume as a carry back, so we have something to offer for their equityThat usually adds to the monthly payment as a second loanIn order to make offers, we need to have numbers in mind that fit that scenarioDon't forget that when you turn around and sell on a lease/option, the total of those two payments, plus taxes, plus insurance, plus HOA, etc needs to be covered by the lease payment and still be something people can and are willing to pay.